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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

Fusion Startup Focused Energy to Build Facility in San Francisco

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SAN FRANCISCO, Oct. 24, 2024 — Laser fusion company Focused Energy plans to establish a $65 million laser development facility in the San Francisco Bay Area. The facility, which will serve as the company’s U.S. headquarters, will house advanced high-energy prototype inertial fusion lasers critical to the development of commercially viable fusion. The location grants the company access to the regional talent pool, said Focused Energy CEO Scott Mercer. The San Francisco Bay Area is host to Lawrence Livermore National Laboratory (LLNL), which houses the National Ignition Facility, with which the company signed a...Read full article

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    Published: October 2024

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